LONDON, October 2 /PRNewswire/ --

- The Maritime Division of Real-Time Vehicle Tracking Specialists Cybit Provide a Full Boat and Buoy Tracking and Timing System for the Vigo Grand Prix of the Sea

BlueFinger Ltd (http://www.bluefinger.com), the maritime division of Cybit Holdings Plc - one of Europe's leading real-time vehicle tracking and offshore telematics companies, was awarded a contract for the Powerboat P1 (http://www.powerboatp1.com) championship during the Vigo Grand Prix of the Sea in Spain to provide an innovative race management and timing solution developed from BlueFinger's Saffire-online vessel tracking solutions.

The P1 Vigo Grand Prix was the first time this technology had been deployed in powerboat racing, and Bluefinger successfully took up this new role.

The software tracks the position, direction and speed of every boat competing in the Grand Prix plus the location of each of the turn buoys, feeding data second-by-second to the race organisers and thousands of fans watching the event on their computers at home via the Virtual Spectator software.

Powerboat P1 Racing and Event Director Andy Hindley commented: "Being able to accurately track the position of every boat in a Powerboat P1 race is of huge importance for the event organisers, for both the safety of the competitors and for the timing and regulating of events."

"In a tight race, with some dramatic close quarter racing, the use of BlueFinger's telematics data meant we were able to apply the regulations quickly and fairly. This included accurately measuring speed penalties and occasions where competitors may have inadvertently missed a buoy - things difficult to view over the whole course using cameras and the naked eye. From a race management point of view, using BlueFinger's timing, tracking and data monitoring added first-class control and an efficient results system to an already great race."

Hindley continued: "It is also of huge benefit to the fans and media, both in the marina and watching at home via Virtual Spectator. We're pleased to welcome BlueFinger and Cybit into the championship and congratulate them for the successful deployment of our new outstanding race system."

Richard Horsman, Chief Executive Officer or Cybit said: "We are delighted to be working in partnership with such a prestigious championship which continues to grow rapidly in popularity. Our ability to provide innovative precise positioning solutions together with software capable of managing accurate timing of short duration, high performance racing demonstrates the versatility and breadth of our business. With Powerboat P1 we are providing positioning data at one second intervals from powerboats moving at speeds of up to 100mph."

Notes to editors:

About Powerboat P1:

Powerboat P1 is the fastest-growing offshore series in the world - a truly adrenaline-fuelled global odyssey. It's all about overwhelming sound, blinding speeds and gutsy heroes, taking on their rivals in state-of-the-art boats and racing just yards apart as they bounce from wave to wave.

It all takes place off the coast some of the world's hottest and most evocative including Italy, France, Malta, Tunisia, Spain and Portugal. http://www.powerboatp1.com

About Cybit:

Cybit is a global force in Telematics, operating within three core sectors: Internet-based vehicle Telematics solutions; Exclusive Economic Zone (EEZ) Management; and Private Mobile Radio (PMR) based asset tracking and precise positioning solutions.

Cybit, through subsidiary BlueFinger, is also a global leader in the field of EEZ fisheries management, tracking many thousands of fishing vessels on a daily basis. The company provides vessel monitoring and catch management solutions for many of the world's major fishing nations. As well as EC governments including the UK, Ireland and Greece, Cybit helps to manage valuable fishing stocks for emerging nations such as Ghana, Namibia and Mozambique.

In the vehicle Telematics sector, Cybit is one of Europe's leading Telematics Service Providers (TSPs). More than 1,700 business-to-business clients use the company's fleet and asset management solutions to manage in excess of 45,000 assets primarily in the public sector, service industries and logistics and distribution markets. Solutions include in-vehicle technologies, workflow management, CanBus integration and internet-based monitoring and reporting software. The company also provides consulting services to advise on operational and legal issues such as duty of care and working hours.

Cybit's PMR business provides asset-tracking and precise positioning solutions for both maritime and land-based applications including exploration and mining. Its precise positioning solutions are in constant use in the location and exploitation of oil, gas and mineral reserves around the globe.

Contact: Graham Gordon Marketing Manager Tel: +44-1480-423972 Fax: +44-1480-389128 Mob: +44-7921-978976 Web: http://www.bluefinger.com

Contact: Graham Gordon, Marketing Manager, Tel: +44-1480-423972, Fax: +44-1480-389128, Mob: +44-7921-978976, Email: ggordon@cybit.co.uk